Eternity Law International — US International Banks for sale

US International Banks for sale

Published:
September 21, 2020

We offer for sale two international banking institutions located in the United States, in Puerto Rico.

Puerto Rico is one of the most popular jurisdictions for international banking companies, while competition on this island also remains very high. The state has already received more than 60 applications for new licensing permits. The acquisition of a banking institution under the jurisdiction of this state is one of the most effective ways to move your business forward. In addition, this path is also the shortest.

The amount of capital that will be required to conclude a deal depends entirely on the model of your business project. You should familiarize yourself with the provisions of the Starting Capital Requirements established in Puerto Rico for international banks. For example, if you are going to issue loans in your bank or store volatile assets, then it will be more difficult to deal with the initial capital. If you have a transaction bank under your control, then all issues related to capital will be quite simple to settle.

In order to acquire an international bank in Puerto Rico, you need to follow the next few steps.

  1. Draw up a business and compliance plan.
  2. Create a board of directors of the company.
  3. Conduct open negotiations.
  4. Sign the LOI and then make an escrow, which will block the sale.
  5. Conduct an audit of the banking institution and the accounting books that are on its balance sheet.
  6. Make a final agreement.
  7. Convert the remaining amount into an escrow.
  8. Send to the commission of the banking institution a statement regarding the change of manager.
  9. Meet with regulatory and regulatory authorities to provide them with a developed business plan, project development strategies and staff.
  10. Settle the terms of the license authorization with an empowered representative.
  11. Obtain an affirmative decision on the change of control from the relevant authority.
  12. The deal is closed.

The potential buyer will be selected based on the conditions that the buyer will set, the speed at which the deal can be closed, and the desired price. Another key factor will be the buyer’s citizenship. In addition, all members of the new team will be required to undergo compliance verification, which will include verification of personal data by an independent party and more. All persons of an official and managerial character, as well as shareholders, will be required to go through the compliance procedure.

For details: Julia.z@eternitylaw.com / Telegram @juliazhil

Please feel free to join our telegram channel in order to keep updated for the new offers for ready-made companies for sale.

Every day we have new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

You could be interested

Company with bank accounts in UK for sale

Below you can see the information regarding the company in UK for sale Ready-made company with bank accounts in UK – whats included: Ready-made company in UK; Company was incorporated in 2021; Opened bank accounts in: — Viola money (Europe) LTD (GPB); — Transactive systems UAD (EUR, SEPA); — LHV Bank (EUR, SEPA/SWIFT); All accounts...

Canada Payment Institution License (FMSB) for sale

Czech company licensed by a payment institution in Canada. Form of ownership: Joint-stock company Date of Registration: 2018 Registered capital: 80,000.00 Euro (formed in full) Regulator: FINTRAC Canada Type of license: FMSB money transfers, currency exchange, storage of customer funds, work with virtual currencies. Limits: Unlimited Payment Corridor: North America – EU Accounts: Metropolitan Commercial...

IT company with 5 products For Sale

The interested buyer is invited to purchase five specialized computer systems that are used in the logistics and distribution areas. Large enterprises of small and medium business work with these systems. The systems have been in use for over 40 years. They have earned a good reputation for being a modern technological solution. The systems...

Ready-made EU company with Curacao gaming license for sale

Multifunctional structure for your gaming business. Country of company registration – Hungary. Year of incorporation – 2018. What’s included: • Company in Hungary • Legal address annual maintenance for 2020 & 2021 • Curacao Gaming sublicense • Gaming sublicense annual maintenance for 2020 & 2021 • Active SWIFT & SEPA bank account in UK EMI...

Ready-made company with active bank account in Thailand for sale

Interested investors are offered a lucrative offer to buy a ready-made company with an active bank account in Thailand. The company was founded and established in Bangkok. Ready-made company with an account in Thailand for sale: structure and activities A company with an active bank account for sale in Thailand has the following characteristics. Ready-to-use...

REGISTRATION OF THE COMPANY IN CYPRUS

Cyprus was a colony of Great Britain, but now it is an independent country and an EU member. Besides, Cyprus is consider financial heaven. For the last few decades, the authority built one of the most flexible taxation systems in the world. THE PROCEDURE REGISTRATION OF THE COMPANY IN CYPRUS Step 1. Choosing the legal...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360